G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w3764
来源IDWorking Paper 3764
Learning and Wage Dynamics
Henry S. Farber; Robert Gibbons
发表日期1991-07-01
出版年1991
语种英语
摘要We develop a dynamic model of learning and wage determination: education may convey initial information about ability, but subsequent performance observations also are informative. Although the role of schooling in the labor market's inference process declines as performance observations accumulate, the estimated effect of schooling on the level of wages is independent of labor-market experience. In addition: time-invariant variables correlated with ability but unobserved by employers are increasingly correlated with wages as experience increases; wage residuals are a martingale; and wage cuts -are not rare, even for workers who do not change jobs. We present evidence from the National Longitudinal Survey of Youth that is generally consistent with all four of the model's predictions. We conclude that a blend of the learning model with an on-the-job-training model is more plausible than either model alone.
主题Labor Economics
URLhttps://www.nber.org/papers/w3764
来源智库National Bureau of Economic Research (United States)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/561086
推荐引用方式
GB/T 7714
Henry S. Farber,Robert Gibbons. Learning and Wage Dynamics. 1991.
条目包含的文件
文件名称/大小 资源类型 版本类型 开放类型 使用许可
w3764.pdf(1565KB)智库出版物 限制开放CC BY-NC-SA浏览
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
[Henry S. Farber]的文章
[Robert Gibbons]的文章
百度学术
百度学术中相似的文章
[Henry S. Farber]的文章
[Robert Gibbons]的文章
必应学术
必应学术中相似的文章
[Henry S. Farber]的文章
[Robert Gibbons]的文章
相关权益政策
暂无数据
收藏/分享
文件名: w3764.pdf
格式: Adobe PDF
此文件暂不支持浏览

除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。